Common use of Exchange Rate; Manner and Place of Payment Clause in Contracts

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States dollars. With respect to each quarter, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange published by the European Central Bank (▇▇▇.▇▇▇.▇▇▇) on the last business day of the applicable calendar quarter. All payments owed under this Agreement shall be made by wire transfer to a bank account designated by Acusphere, unless otherwise specified in writing by Acusphere.

Appears in 2 contracts

Sources: Collaboration, License and Supply Agreement (Acusphere Inc), Collaboration, License and Supply Agreement (Acusphere Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall will be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall will be required, such conversion shall will be made at the rate of exchange published by the European Central Bank (▇▇▇.▇▇▇.▇▇▇) reported in The Wall Street Journal on the last business day of the applicable calendar quarterreporting period. All payments owed Any payment due under this Agreement shall will be made by wire transfer to a bank account designated by Acuspherethe party receiving such payment, unless otherwise specified in writing by Acuspheresuch party.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Hyseq Inc), Collaboration and License Agreement (Hyseq Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall will be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall will be required, such conversion shall will be made at the rate of exchange published by reported in the European Central Bank (▇▇▇.▇▇▇.▇▇▇) East Coast edition of The Wall Street Journal on the last business day of the applicable calendar quarterreporting period. All payments owed under this Agreement shall will be made by wire transfer to a bank account designated by AcusphereLexicon, unless otherwise specified in writing by AcusphereLexicon.

Appears in 1 contract

Sources: Database Access Agreement (Lexicon Genetics Inc/Tx)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States U.S. dollars. With respect to each quarter, whenever When conversion of payments from any foreign currency shall be requiredis required for purposes of calculating Product Revenues, such conversion shall be made at the exchange rate of exchange published used by CombinatoRx throughout its accounting system (which shall, in any event, be commercially reasonable) during the European Central Bank (▇▇▇.▇▇▇.▇▇▇) on the last business day of the applicable calendar quarterquarter for which such report is due. All payments owed under this Agreement shall be made by check, or by wire transfer in immediately available funds to a bank and account designated in writing by Acusphereparty entitled to receive payment, unless otherwise specified in writing by Acuspheresuch party.

Appears in 1 contract

Sources: Sponsored Research Agreement (Combinatorx, Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange published by the European Central Bank (▇▇▇.▇▇▇.▇▇▇) reported in The Wall Street Journal either on a daily basis or on the last business day of the applicable calendar quarter, at the payor's option consistently applied. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Acuspherethe payee, unless otherwise specified in writing by Acuspheresuch payee.

Appears in 1 contract

Sources: Collaborative Research Development and License Agreement (Acadia Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments due hereunder shall be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange published by the European Central Bank (▇▇▇.▇▇▇.▇▇▇) reported in THE WALL STREET JOURNAL on the last business day of the applicable calendar quarterreporting period. All payments owed under this Agreement shall be made by wire transfer to a bank account designated by Acuspheretransfer, unless otherwise specified in writing by Acuspherethe Foundation.

Appears in 1 contract

Sources: License Agreement (Elitra Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the average rate of exchange published by the European Central Bank (▇▇▇.▇▇▇.▇▇▇) reported in THE WALL STREET JOURNAL, WESTERN EDITION, on the last twenty (20) business day days of the applicable calendar quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Acuspherethe party entitled to receive such payment, unless otherwise specified in writing by Acuspheresuch party.

Appears in 1 contract

Sources: Collaboration Agreement (Cubist Pharmaceuticals Inc)